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Episode 19, Friday 19 June , 2009

Ask the Experts - Episode 19

Thomas Mann – US Political Analyst

How much does the US President earn in a year? … asks Nathan, NSW

The current President earns $400,000 a year. The first President, George Washington, earned $25,000 but in today’s dollars that would be about $550,000 so there’s been no real salary increase for the US Presidents since the founding of the republic.

You know, the salary isn’t really important. The President lives in the White House and has a staff. Virtually all the costs are appropriated through other accounts and therefore the salary itself isn’t that important.